BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN – Get Free Report) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be paid a dividend of 0.057 per share on Thursday, August 1st. This represents a $0.68 annualized dividend and a yield of 5.72%. The ex-dividend date is Monday, July 15th.
BlackRock Investment Quality Municipal Trust has decreased its dividend by an average of 12.4% per year over the last three years.
BlackRock Investment Quality Municipal Trust Price Performance
Shares of BKN traded down $0.02 during mid-day trading on Tuesday, hitting $11.96. 33,266 shares of the company traded hands, compared to its average volume of 43,104. BlackRock Investment Quality Municipal Trust has a one year low of $9.57 and a one year high of $12.69. The business has a 50-day moving average of $11.99 and a 200 day moving average of $12.01.
About BlackRock Investment Quality Municipal Trust
BlackRock Investment Quality Municipal Trust Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in investment grade municipal bonds municipal obligations exempt from federal income taxes.
Featured Articles
- Five stocks we like better than BlackRock Investment Quality Municipal Trust
- What Investors Need to Know to Beat the Market
- RXO Shares Surge Following New Acquisition Deal
- Short Selling: How to Short a Stock
- 3 Stock Dips Insiders Are Buying: Vestis, Shenandoah, Treace
- The 3 Best Blue-Chip Stocks to Buy Now
- Biotech Stock Breakout: IBB Eyes Resistance with Amgen and Vertex
Receive News & Ratings for BlackRock Investment Quality Municipal Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Investment Quality Municipal Trust and related companies with MarketBeat.com's FREE daily email newsletter.
